Friday, 1 February 2019

Bitcoin improves banking!


We went from fractional reserve, to actual reserve. That's the paradigm shift. You can have as much Bitcoin as you want, with the understanding that it's value will be shared with everyone else that's also apart of this experiment. Essentially Bitcoin is cloud money. It's a humongous digital-gold-honeypot, waiting to explode. Too much greed by participants makes the value go both down and up: Those who still like the comfort of "old money" will trade their Bitcoin in for fiat. Those who are scared of holding on to "old money" will be trading it in for Bitcoin. We've never had an economy based on shared wealth, and the free market came up with a solution to central banking on its own. Bitcoin is open-source, because it's a humanitarian project first. Central Banks have been controlling the destinies of masses of populations for far too long. My hope is that we all get rich, and get everyone everywhere out of poverty. We need to become a breakaway civilization. For now... we have the assuredness of consensus every ten minutes! via /r/Bitcoin http://bit.ly/2Gginxs

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